I made 2600.00 USD on my first day…
I made 2600.00 USD on my first day trading with Elite Trader Funding, Once I found out that you can not Dollar cost average I asked Customer Service why not. Because I use Zones to trade and If shorting I short the bottom of the Zone and the Top of the Zone. I even sent them pictures of My Zone setup that I had to take the Short trade at the Bottom of the Zone and take the heat to the top of the zone, the trade was a winning trade but I still had to take the heat on the trade because you can't add to a losing trade, My definition of a losing trade or you can say MORON trade is just adding more on, but in the case that you already know you will face some heat and are not able to add more to the trade is just another case of this being a carnival game you can not win, They do have the EOD draw down but with it they have the Rule that you cant add to a position that is not in the money, Just stay with the Number one Prop firm in the world do not mess with these guys even if it's free, stay with Top Step trader! A trusted firm that doesnt try to Make trading that is really hard even harder!
Response from Elite Trader Funding
We do not accept martingale strategies, and if they are seen as a pattern of overleveraging, we do not approve of such strategies. If they are based on zone, it is okay as long as you're not overleveraging and have an SL if it doesn't work out.
Thanks,
Thanks,